Two PNC Plaza
Encyclopedia
Two PNC Plaza is a high-rise office building located in the Golden Triangle
Downtown Pittsburgh, Pennsylvania
Downtown Pittsburgh, colloquially referred to as the Golden Triangle and officially the Central Business District, is the urban Downtown center of Pittsburgh. It is located at the confluence of the Allegheny River and the Monongahela River whose joining forms the Ohio River. The "triangle" is...

 of Pittsburgh, Pennsylvania
Pennsylvania
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...

, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

. Constructed in 1976, it is 446 feet (136 m) in height and has 34 stories, making it the tallest of three buildings in PNC Plaza. In order to make room for the structure, a through street called Oliver Avenue was closed.

The structure was built by Equibank, one of the Pittsburgh region's three major finanical institutions, and was completed just four years after and only a few feet away from One PNC Plaza
One PNC Plaza
One PNC Plaza is a high-rise office building located in the Golden Triangle neighborhood of the Central Business District of Pittsburgh, Pennsylvania, United States. Constructed in 1972, it is 30 stories. It houses the general offices for PNC Financial Services...

, the home of their major rival (which was then named Pittsburgh National Bank). Equibank went into a sharp decline in the 1980s due to poor investments surrounding a Florida
Florida
Florida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...

 housing bubble and a series of defaulted loans from newly privatized South America
South America
South America is a continent situated in the Western Hemisphere, mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere. The continent is also considered a subcontinent of the Americas. It is bordered on the west by the Pacific Ocean and on the north and east...

n companies. Simultaneously, PNC was growing and began expanding into their rival's building next door. Interestingly, PNC eventually not only acquired the building but also a portion of Equibank's operations (the company was merged with the smaller Integra Bank
Integra Bank (Pittsburgh)
Integra Financial was a Pittsburgh-based bank that was eventually acquired by National City Corp. in late 1995 in one of National City's first attempts at becoming a major powerhouse in American banking....

 in 1992, Integra was purchased by National City Corp.
National City Corp.
National City Corporation was a regional bank holding company based in Cleveland, Ohio, USA, founded in 1845; it was once one of the ten largest banks in America in terms of deposits, mortgages and home equity lines of credit. Subsidiary National City Mortgage is credited for doing the first...

in 1995, and PNC purchased National City in 2008).
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